As inflation continues to rise, so too have the minimum wage thresholds for the California Computer Professional exemption.[1]Indeed, the California Department of Industrial Relations (DIR) published amemoon October 14, 2022, increasing the compensation threshold for exempt ...
Exempt Employee Minimum Salaries The minimum salary threshold for exempt employees increased to $1,240 per week ($64,480 per year) for employers regardless of their employee count. The minimum hourly rate for exempt computer software employees will increase to $53.80 per hour (or an annual salar...
However, in California, exempt workers are entitled to a minimum weekly salary of at least twice the applicable minimum hourly wage for full-time work.7 The largest category of exempt workers is white-collar employees: Executive, administrative, and professional workers who exercise discretion and ...
Certain employees are exempt from California and federal laws governing minimum wage, overtime, work hours, and rest periods.24 As mentioned above, there are usually three simple requirements to determine whether a worker is an exempt employee under California law: Minimum Salary. The employee ...
California Raises Minimum Wage to $15 Per Hour and Increases Minimum Salary for Exempt EmployeesAnthony DiBenedetto
New Minimum Salary for Exempt Computer Professionals The minimum salary required for exempt California computer professionals will increase by 5.3% over the 2021 rates based on an annual adjustment for inflation determined by the California Department of Industrial Rela...
California LLCs that go into existence between January 1st, 2021 and December 31st, 2023 are exempt from paying their first year’s $800 annual franchise tax payment. If you can, we recommend waiting until January 1st for your LLC to go into effect. You can form your California LLC now,...
What difference would a 55% threshold make? Updated January'14 ► Reforming California Local Finance: Should the Local Vote Rules Be Reversed? Analysis and opinion by Michael Coleman. April 2013 ► An Overview of Local Revenue Measures in California Since 2001. Summary and analysis of ...
Debra L. Fischer
Paul R. Lynd